Strong profits now, but Air NZ sees headwinds rising

Strong profits now, but Air NZ sees headwinds rising
Greg Foran (middle) takes part in the CEO panel at the IATA AGM in Istanbul. (Image: BusinessDesk)
Pattrick Smellie
Air New Zealand is “adjusting the narrative” of its post-covid recovery, says chief executive Greg Foran, who believes the current period of strong profitability will give way to a period of intensifying cost pressures.The airline’s approach since the onset of covid had been in three phases: first, to survive covid, second, to revive, and third to thrive, said Foran in an interview with BusinessDesk at the International Air Transport Association (IATA) annual meeting in Istanbul.IATA issued new analysis at the meeting showing...

More Markets

NZ stocks retreat from record high, down 0.7%
Markets Market Close

NZ stocks retreat from record high, down 0.7%

The S&P/NZX 50 Index dropped 103.60 points, or 0.76%, to 13,467.26.

Jamie Gray 10 Oct 2025
Govt looks to put its Chorus investment on the block
Infrastructure

Govt looks to put its Chorus investment on the block

The finance minister said there's no policy reason for Govt to hold Chorus securities.

Rebecca Howard 10 Oct 2025
Green Cross Health's prescription for growth
Markets Small Cap Wrap

Green Cross Health's prescription for growth

Medical group gets tentative approval to become a PHO, Savor, Paysauce, and more.

Latest cap raise values Sharesies at $750m
Markets

Latest cap raise values Sharesies at $750m

In its eighth raise since 2017, Sharesies values its shares at $205 apiece.

Pattrick Smellie 10 Oct 2025